2718 S Cochran Avenue, Los Angeles, CA 90016
Local realty services provided by:Better Homes and Gardens Real Estate Champions
2718 S Cochran Avenue,Los Angeles, CA 90016
$2,950,000
- 16 Beds
- 12 Baths
- 7,903 sq. ft.
- Multi-family
- Active
Listed by: taylor avakian
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:26662345
Source:CRMLS
Price summary
- Price:$2,950,000
- Price per sq. ft.:$373.28
About this home
2718 S Cochran Ave | 12-Unit Multifamily in West Adams, Los Angeles. Built in 1962, this 12-unit residential income property sits on a 9,583 SF lot with 7,903 SF of improvements in a highly accessible West Adams rental corridor. The property features a diverse unit mix of (6) two-bedroom/one-bath units, (5) one-bedroom/one-bath units, and (1) studio unit, appealing to a broad tenant base including small families, roommates, and working professionals. Currently averaging approximately $2,042 per unit in monthly rent, the asset presents meaningful income growth potential as rents trend toward the projected market average of approximately $2,588 per unit, representing roughly 25% rental upside through natural tenant turnover and strategic rent optimization. Offered at $2,950,000 ($245,833/unit | $373.28/SF), the property currently operates at a 6.48% cap rate with the potential to achieve an 8.77% pro forma cap rate as rents stabilize.
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Home facts
- Year built:1962
- Listing ID #:26662345
- Added:61 day(s) ago
- Updated:May 13, 2026 at 10:45 AM
Rooms and interior
- Bedrooms:16
- Total bathrooms:12
- Kitchen Description:Dishwasher, Microwave
- Living area:7,903 sq. ft.
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Year built:1962
- Building area:7,903 sq. ft.
- Lot area:0.22 Acres
Finances and disclosures
- Price:$2,950,000
- Price per sq. ft.:$373.28
Features and amenities
- Appliances:Dishwasher
- Amenities:Ceiling Fans
Parking
- Total parking spaces:11
- Parking description:Covered
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